# Toshiba and Fuji Electric to invest over ¥200 billion in EV power semiconductors

Toshiba will invest about ¥80 billion by fiscal 2023 to increase production capacity at its Ishikawa plant by 30%, and Fuji Electric will invest ¥120 billion by fiscal 2023 in Japan and abroad, both to boost production of power semiconductors for electric vehicles.

- Type: Investment
- Announced: 2020-12-15
- Where: Ishikawa Prefecture, Japan
- Value: $760.0M (80.0B JPY)
- Starts operating: 2024
- Status: announced
- Capacity: 30% increase
- Products: power semiconductors for electric vehicles
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Toshiba](https://endata.com/companies/8893.md)
- [Fuji Electric](https://endata.com/companies/13773.md)

## Sources

- [nikkei.com](https://www.nikkei.com/article/DGKKZO67315510U0A211C2TJ2000/), 2020-12-14: "東芝は2023年度までに約800億円を投じ、石川県の工場などで生産能力を3割増やす。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.